Getting started with Bitcoin can be overwhelming at first. The best thing you can do first is ensure you’ve done your own research. Don’t just take the word of someone else and definitely do not give them your money to acquire it for you. Bitcoin.com has some great resources for getting started with Bitcoin, as well as the deeper technical and developer aspects of Bitcoin.
Banks and payment processors can freeze your funds at any time, reverse your transactions, allow fraudulent chargebacks, deny service or close your accounts as they see fit. Bitcoin Cash enables peer to peer transactions & allows you to decide when and where to use your electronic cash. Using Bitcoin Cash with Cash Fusion (available on the Electron Cash Desktop wallet) provides great financial freedom and privacy. With this great power also comes great responsibility. You must protect yourself when obtaining, storing and/or selling your Bitcoin. At the very least, this involves finding a peer to peer platform to obtain or offload BCH, getting a trustworthy wallet, understanding private keys, seed phrases, transactions, triple checking your information & safely and properly storing your seed words offline.
When you feel ready to take control of your own wealth, you’ll want to download a reputable and preferably Open Source wallet. The best thing you can do to learn about Bitcoin is use it as Cash. Create two wallets and send some back and forth or better yet, get a friend to download a wallet and send some to them so you can both learn.
When you’re confident enough to purchase some Bitcoin Cash of your own, again do more research. There are many ways to acquire Bitcoin Cash. A lot of people will go through large exchanges that enforce KYC (Know Your Customer) anti money laundering / privacy invading laws. The system will tell you that they need to see every move you make in order to catch the bad actors and cast the widest net possible in doing so. They will and currently do invade your privacy and ignore your rights. In reality, they want complete control with the ability to track & freeze all your funds, should they see fit. They are working towards this with their own Digital money and CBDCs. It would be wise to use a Decentralized, inflation-free, version of peer-to-peer electronic cash.
If you are looking for a way to earn/purchase Bitcoin(Cash) with zero KYC, then check out https://bitgree.com. Bitgree allows users to shop for any product on Amazon by matching shoppers with earners – who are individuals who wish to exchange their Amazon gift cards for Bitcoin! You can purchase items for Amazon users through a gift registry (hides private info) and earn Bitcoin Cash in exchange, or you can spend your Bitcoin Cash for discounts.
For non-KYC fiat on ramp options, there are some Decentralized Exchanges available.
- Haveno (Reto) supports XMR & BCH – https://haveno-reto.com
- Bisq supports BTC – https://bisq.network